Ind. Code § 27-8-19.8-25

Current through P.L. 171-2024

Section 27-8-19.8-25 - Standards for evaluation of reasonableness of payments under viatical settlement contract

The department may adopt rules under IC 4-22-2 to establish standards for evaluating the reasonableness of payments under viatical settlement contracts, including regulation of discount rates used to determine the amount paid in exchange for an assignment, a bequest, a devise, a sale, or a transfer of a benefit under a life insurance policy.

IC 27-8-19.8-25

As added by P.L. 130-1994, SEC.47 and P.L. 116-1994, SEC.70. Amended by P.L. 32-1998, SEC.30.